Scoreboard / TNK

Teekay Tankers Ltd. TNK

Issue No. 09 pick · August 21, 2026 · Updated September 4, 2026

Energy

Setup Snapshot

The Setup in One Card

How TNK moved and the catalyst behind the move, from its Issue No. 09 write-up. It is not on the current Scoreboard, so it carries no Friday Five Score this week.

Issue No. 09

Original Pick

Week of August 13 to August 20, 2026 Return

TNK+9.07%

Sector Trend

Leadingup 3.7 percent

Covered In

Issue No. 09 · August 21, 2026

Catalyst

Supply Shock

Gulf to China tanker earnings above $520,000 a day as Hormuz traffic thinned

Return measured from the Thursday, August 13 close to the Thursday, August 20 close, the week it appeared in Issue No. 09.

Why It Moved

The Story Behind the Move

TNKup 9.1 percent in Week of August 13 to August 20, 2026

Catalyst

Gulf to China tanker earnings above $520,000 a day as Hormuz traffic thinned

Why It Mattered

Integrated oil companies rose 4 to 5 percent on the same shock and Teekay rose 9.07 percent, which is the difference between owning the commodity and owning the bottleneck. The company ended the second quarter with more than $1.2 billion of cash.

Risk Note

No company disclosure landed inside the measurement window, so this is a macro catalyst that reverses on a headline. Annualising the second quarter puts the stock at roughly four times earnings, which is the market saying plainly that it does not expect these rates to last. It is also the thinnest name in the five at about $30.5 million of trading a day.

Reader Takeaway

When a shortage is the story, the company that gets paid the published price is usually a cleaner read than the company that gets paid a margin you have to infer.

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